(EQR) Equity Residential - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US29476L1070
Stock: Apartment, Rental, Property, Management
Total Rating 23
Risk 53
Buy Signal 0.40
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.21% |
| Yield on Cost 5y | 5.07% |
| Yield CAGR 5y | 3.37% |
| Payout Consistency | 93.3% |
| Payout Ratio | 2.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 22.0% |
| Relative Tail Risk | 2.48% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.41 |
| Alpha | -18.92 |
| Character TTM | |
|---|---|
| Beta | 0.642 |
| Beta Downside | 0.772 |
| Drawdowns 3y | |
|---|---|
| Max DD | 22.12% |
| CAGR/Max DD | 0.17 |
Description: EQR Equity Residential December 17, 2025
Equity Residential (NYSE:EQR) is a S&P 500-listed REIT that owns and manages 318 properties, totaling roughly 86,300 apartment units, primarily in high-density coastal metros and fast-growing markets such as Atlanta, Austin, Dallas/Fort Worth, and Denver.
Recent data (Q3 2024) show an occupancy rate of ~96% and a year-over-year rent growth of 4.2%, while the company reported adjusted FFO of $1.75 billion, reflecting a 7% increase despite rising borrowing costs. The multifamily sector remains supported by limited new supply in core cities, strong household formation trends, and a relatively inelastic demand curve that can absorb modest rent hikes.
For a deeper quantitative dive, explore ValueRay’s EQR dashboard to see the latest forward-looking metrics and scenario analyses.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 1.16b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.23 > 1.0 |
| NWC/Revenue: -36.55% < 20% (prev -38.76%; Δ 2.21% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.62b > Net Income 1.16b |
| Net Debt (8.65b) to EBITDA (2.09b): 4.14 < 3 |
| Current Ratio: 0.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (391.0m) vs 12m ago -0.02% < -2% |
| Gross Margin: 63.01% > 18% (prev 0.64%; Δ 6237 % > 0.5%) |
| Asset Turnover: 14.66% > 50% (prev 14.05%; Δ 0.61% > 0%) |
| Interest Coverage Ratio: 3.46 > 6 (EBITDA TTM 2.09b / Interest Expense TTM 307.5m) |
Altman Z'' 0.32
| A: -0.05 (Total Current Assets 199.5m - Total Current Liabilities 1.32b) / Total Assets 21.07b |
| B: 0.06 (Retained Earnings 1.26b / Total Assets 21.07b) |
| C: 0.05 (EBIT TTM 1.06b / Avg Total Assets 21.00b) |
| D: 0.13 (Book Value of Equity 1.27b / Total Liabilities 9.60b) |
| Altman-Z'' Score: 0.32 = B |
Beneish M -3.04
| DSRI: 0.96 (Receivables 15.4m/15.4m, Revenue 3.08b/2.94b) |
| GMI: 1.01 (GM 63.01% / 63.64%) |
| AQI: 1.00 (AQ_t 0.97 / AQ_t-1 0.97) |
| SGI: 1.05 (Revenue 3.08b / 2.94b) |
| TATA: -0.02 (NI 1.16b - CFO 1.62b) / TA 21.07b) |
| Beneish M-Score: -3.04 (Cap -4..+1) = AA |
What is the price of EQR shares?
As of February 07, 2026, the stock is trading at USD 63.89 with a total of 3,802,297 shares traded.
Over the past week, the price has changed by +2.52%, over one month by +2.37%, over three months by +10.05% and over the past year by -7.65%.
Over the past week, the price has changed by +2.52%, over one month by +2.37%, over three months by +10.05% and over the past year by -7.65%.
Is EQR a buy, sell or hold?
Equity Residential has received a consensus analysts rating of 3.62.
Therefor, it is recommend to hold EQR.
- StrongBuy: 5
- Buy: 6
- Hold: 15
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the EQR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 69.8 | 9.3% |
| Analysts Target Price | 69.8 | 9.3% |
| ValueRay Target Price | 65.8 | 3% |
EQR Fundamental Data Overview February 03, 2026
P/E Trailing = 20.366
P/E Forward = 43.4783
P/S = 7.9663
P/B = 2.1265
P/EG = 8.1454
Revenue TTM = 3.08b USD
EBIT TTM = 1.06b USD
EBITDA TTM = 2.09b USD
Long Term Debt = 7.59b USD (from longTermDebt, last quarter)
Short Term Debt = 846.2m USD (from shortTermDebt, last quarter)
Debt = 8.74b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.65b USD (from netDebt column, last quarter)
Enterprise Value = 33.17b USD (24.53b + Debt 8.74b - CCE 93.1m)
Interest Coverage Ratio = 3.46 (Ebit TTM 1.06b / Interest Expense TTM 307.5m)
EV/FCF = 25.81x (Enterprise Value 33.17b / FCF TTM 1.29b)
FCF Yield = 3.87% (FCF TTM 1.29b / Enterprise Value 33.17b)
FCF Margin = 41.74% (FCF TTM 1.29b / Revenue TTM 3.08b)
Net Margin = 37.58% (Net Income TTM 1.16b / Revenue TTM 3.08b)
Gross Margin = 63.01% ((Revenue TTM 3.08b - Cost of Revenue TTM 1.14b) / Revenue TTM)
Gross Margin QoQ = 63.38% (prev 63.14%)
Tobins Q-Ratio = 1.57 (Enterprise Value 33.17b / Total Assets 21.07b)
Interest Expense / Debt = 0.92% (Interest Expense 80.1m / Debt 8.74b)
Taxrate = 0.13% (395.0k / 297.3m)
NOPAT = 1.06b (EBIT 1.06b * (1 - 0.13%))
Current Ratio = 0.15 (Total Current Assets 199.5m / Total Current Liabilities 1.32b)
Debt / Equity = 0.79 (Debt 8.74b / totalStockholderEquity, last quarter 11.08b)
Debt / EBITDA = 4.14 (Net Debt 8.65b / EBITDA 2.09b)
Debt / FCF = 6.73 (Net Debt 8.65b / FCF TTM 1.29b)
Total Stockholder Equity = 11.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.51% (Net Income 1.16b / Total Assets 21.07b)
RoE = 10.48% (Net Income TTM 1.16b / Total Stockholder Equity 11.05b)
RoCE = 5.71% (EBIT 1.06b / Capital Employed (Equity 11.05b + L.T.Debt 7.59b))
RoIC = 5.53% (NOPAT 1.06b / Invested Capital 19.22b)
WACC = 6.35% (E(24.53b)/V(33.27b) * Re(8.28%) + D(8.74b)/V(33.27b) * Rd(0.92%) * (1-Tc(0.00)))
Discount Rate = 8.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.02%
[DCF Debug] Terminal Value 84.79% ; FCFF base≈1.26b ; Y1≈1.30b ; Y5≈1.45b
Fair Price DCF = 75.69 (EV 37.45b - Net Debt 8.65b = Equity 28.80b / Shares 380.5m; r=6.35% [WACC]; 5y FCF grow 2.60% → 2.90% )
EPS Correlation: -45.29 | EPS CAGR: -37.28% | SUE: -1.82 | # QB: 0
Revenue Correlation: 97.21 | Revenue CAGR: 5.28% | SUE: 0.40 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.32 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.44 | Chg30d=+0.017 | Revisions Net=+0 | Growth EPS=+6.7% | Growth Revenue=+3.5%
P/E Forward = 43.4783
P/S = 7.9663
P/B = 2.1265
P/EG = 8.1454
Revenue TTM = 3.08b USD
EBIT TTM = 1.06b USD
EBITDA TTM = 2.09b USD
Long Term Debt = 7.59b USD (from longTermDebt, last quarter)
Short Term Debt = 846.2m USD (from shortTermDebt, last quarter)
Debt = 8.74b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.65b USD (from netDebt column, last quarter)
Enterprise Value = 33.17b USD (24.53b + Debt 8.74b - CCE 93.1m)
Interest Coverage Ratio = 3.46 (Ebit TTM 1.06b / Interest Expense TTM 307.5m)
EV/FCF = 25.81x (Enterprise Value 33.17b / FCF TTM 1.29b)
FCF Yield = 3.87% (FCF TTM 1.29b / Enterprise Value 33.17b)
FCF Margin = 41.74% (FCF TTM 1.29b / Revenue TTM 3.08b)
Net Margin = 37.58% (Net Income TTM 1.16b / Revenue TTM 3.08b)
Gross Margin = 63.01% ((Revenue TTM 3.08b - Cost of Revenue TTM 1.14b) / Revenue TTM)
Gross Margin QoQ = 63.38% (prev 63.14%)
Tobins Q-Ratio = 1.57 (Enterprise Value 33.17b / Total Assets 21.07b)
Interest Expense / Debt = 0.92% (Interest Expense 80.1m / Debt 8.74b)
Taxrate = 0.13% (395.0k / 297.3m)
NOPAT = 1.06b (EBIT 1.06b * (1 - 0.13%))
Current Ratio = 0.15 (Total Current Assets 199.5m / Total Current Liabilities 1.32b)
Debt / Equity = 0.79 (Debt 8.74b / totalStockholderEquity, last quarter 11.08b)
Debt / EBITDA = 4.14 (Net Debt 8.65b / EBITDA 2.09b)
Debt / FCF = 6.73 (Net Debt 8.65b / FCF TTM 1.29b)
Total Stockholder Equity = 11.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.51% (Net Income 1.16b / Total Assets 21.07b)
RoE = 10.48% (Net Income TTM 1.16b / Total Stockholder Equity 11.05b)
RoCE = 5.71% (EBIT 1.06b / Capital Employed (Equity 11.05b + L.T.Debt 7.59b))
RoIC = 5.53% (NOPAT 1.06b / Invested Capital 19.22b)
WACC = 6.35% (E(24.53b)/V(33.27b) * Re(8.28%) + D(8.74b)/V(33.27b) * Rd(0.92%) * (1-Tc(0.00)))
Discount Rate = 8.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.02%
[DCF Debug] Terminal Value 84.79% ; FCFF base≈1.26b ; Y1≈1.30b ; Y5≈1.45b
Fair Price DCF = 75.69 (EV 37.45b - Net Debt 8.65b = Equity 28.80b / Shares 380.5m; r=6.35% [WACC]; 5y FCF grow 2.60% → 2.90% )
EPS Correlation: -45.29 | EPS CAGR: -37.28% | SUE: -1.82 | # QB: 0
Revenue Correlation: 97.21 | Revenue CAGR: 5.28% | SUE: 0.40 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.32 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.44 | Chg30d=+0.017 | Revisions Net=+0 | Growth EPS=+6.7% | Growth Revenue=+3.5%